On Monday, the three indexes were mixed. The Shanghai composite index opened low and remained weak throughout the day. In terms of the sector, it rose more and fell less. Aquaculture, auto parts, semiconductors and components, seed industry and other industries led the increase. Real estate, coal, securities and banks led the decline.
As of the close, the Shanghai Composite Index closed at 319552 points, down 15.72 points, or 0.49%. The turnover was 366.4 billion. The Shenzhen Component Index closed at 1169147 points, up 42.90 points, or 0.37%, with a turnover of 411.9 billion. The gem index closed at 248777 points, up 27.41 points, or 1.11%, with a turnover of 138.3 billion. In Shanghai and Shenzhen stock markets, a total of 3007 stocks rose, 1773 fell, 90 rose and 57 fell.
Future prospects of Bairui:
The three major indexes were divided throughout the day, the Shanghai index fluctuated and adjusted, and the gem index rebounded from the bottom, up more than 1%. On the disk, the chicken sector rose sharply and the Shandong Xiantan Co.Ltd(002746) limit rose. The auto parts sector was strong throughout the day, and individual stocks in the sector lifted the limit tide. In terms of decline, the large financial sector made collective adjustment, Orient Securities Company Limited(600958) fell by the limit, China Merchants Bank Co.Ltd(600036) fell by more than 7%. In addition, the market’s short-term sentiment was poor, with many early high-level popular stocks falling by the limit, and three stocks staged “sky floor”.
Technically, although the Shanghai Stock Index fluctuated and rose after opening low, it did not successfully stand on the 6th line. At present, it has received the pressure of the upper third line indicators. The resilience of Chuang index is relatively strong, but it is only the repair of oversold rebound after the new low. It has just stood on the 6-day line, and the risk of short-term repetition is strong. Overall, the stock index is differentiated and weak, and there is a large demand for repair in the later stage.
In terms of strategy, although the big finance fell back because the reserve requirement reduction was lower than expected, its early advantages did not have a great impact. Its excellent performance and low valuation still make it one of the hot directions with high cost performance in the market. Because the overall performance of the current disk is poor, the operation should focus on conservative defense as much as possible. For the time being, it is not suitable to blindly follow the rise, and pay attention to the grasp of the band rhythm.
